• FFG: $63.86

Income Statement

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2017 USD 2016 Y 12/31/2018 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD 2019 Q1 YTD 3/31/2019 USD
Source Document Currency Code 2015 Y 12/31/2017 USD 2016 Y 12/31/2018 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD 2019 Q1 YTD 3/31/2019 USD

Revenues

Interest sensitive product charges 114,584 111,928 112,936 122,789 31,266
Traditional life insurance premiums 190,956 196,914 195,330 198,312 49,392
Net investment income 391,149 404,170 415,199 394,618 109,640
Net realized capital gains (losses) 11,062 3,106 599 (7,276) 10,157
Total other-than-temporary impairment losses (719) (7,320) (1,553) (5,072) NA
Non-credit portion in other comprehensive income/loss 146 2,451 0 74 NA
Net other-than-temporary impairment losses recognized in earnings (573) (4,869) (1,553) (4,998) (869)
Other income 15,631 15,165 15,400 16,181 3,970
Total revenues 722,809 726,414 737,911 719,626 203,556

Benefits and expenses

Interest sensitive product benefits 217,443 238,586 251,878 253,753 70,596
Traditional life insurance benefits 176,145 177,682 173,023 175,209 46,675
Policyholder dividends 11,828 10,574 10,140 10,130 2,534
Underwriting, acquisition and insurance expenses 143,668 135,967 134,878 152,055 36,189
Interest expense 4,850 4,850 4,850 4,851 1,212
Other expenses 17,507 16,966 18,382 22,595 6,250
Total benefits and expenses 571,441 584,625 593,151 618,593 163,456
Total 151,368 141,789 144,760 101,033 40,100
Income taxes (47,418) (41,220) 39,983 (11,650) (6,276)
Equity income, net of related income taxes 9,523 2,269 2,590 4,439 220
Net income 113,473 102,838 187,333 93,822 34,044
Net loss (income) attributable to noncontrolling interest 54 4 (28) (29) (1)
Net income attributable to FBL Financial Group, Inc. 113,527 102,842 187,305 93,793 34,043
Earnings per common share 4.55 4.11 7.47 3.76 1.37
Earnings per common share - assuming dilution 4.53 4.10 7.47 3.75 1.37
Cash dividend per common share 1.60 NA NA NA NA
Special cash dividend per common share 2.00 NA NA NA NA

COMPREHENSIVE INCOME (LOSS)

Net income 113,473 102,838 187,333 93,822 34,044

Other comprehensive income (loss)

Change in net unrealized investment gains/losses (146,579) 38,077 88,685 (190,114) 97,640
Non-credit impairment losses (90) (1,476) 0 (58) NA
Change in underfunded status of postretirement benefit plans 2,791 (1,578) (1,483) 1,987 208
Total other comprehensive income (loss), net of tax (143,878) 35,023 87,202 (188,185) 97,848
Total comprehensive income (loss), net of tax (30,405) 137,861 274,535 (94,363) 131,892
Comprehensive loss (income) attributable to noncontrolling interest 54 4 (28) (29) (1)
Total comprehensive income (loss) applicable to FBL Financial Group, Inc. (30,351) 137,865 274,507 (94,392) 131,891
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.